Okay ladies (and any gents who are reading this), a while back I posted about having problems with my MIL and surprise, surprise she is at it again.
Her father recently died. Before her father's body was even cold, MIL started in on how in debt she was($20k total-I'd love to have that low of a debt count. Ha!) and how she hasn't been working, and blah blah blah. At the gathering after the funeral, other relatives who side with MIL and believe the whole "I'm a victim" sob story started coming up to hubby and saying that he should really help out his mom more. Now they weren't talking about having him go over and help her fix up the house that was willed to her by her last boyfriend which has been sitting empty since she inherited it so that she could sell it. No. They were implying that Chris should offer to bail her out of her self imposed debt.
This is where it gets interesting. Chris and his two uncles were both left equal 1/3 share ownership in the grandfathers house. MIL was left $10. Yes. I added the right amount of zeros.
There hasn't been an official reading of the will yet but hubby is already got the wheels in motion in his head. He wants to sell off his 1/3 share and use the proceeds to bail his mom out.
I understand why he wants to do this. I just don't think that paying off her debt is going to be a good idea. She didn't have to earn the money in any fashion and therefore, she learns no fiscal responsibility and we are back in this situation again down the line. Also, we have a baby on the way and even though we are both working steady jobs, who knows what can happen and putting the money that we would get from his share of the house would be a nice cushion.
I'm torn. I don't feel as though it is my place to tell him what to do with his inheritance but I don't want to regret what happens to it either. Any ideas on how he can help her without giving her a big check? Am I overstepping my bounds by saying to him that I don't want him to bail his mom out to help make our future a bit more secure?
Her father recently died. Before her father's body was even cold, MIL started in on how in debt she was($20k total-I'd love to have that low of a debt count. Ha!) and how she hasn't been working, and blah blah blah. At the gathering after the funeral, other relatives who side with MIL and believe the whole "I'm a victim" sob story started coming up to hubby and saying that he should really help out his mom more. Now they weren't talking about having him go over and help her fix up the house that was willed to her by her last boyfriend which has been sitting empty since she inherited it so that she could sell it. No. They were implying that Chris should offer to bail her out of her self imposed debt.
This is where it gets interesting. Chris and his two uncles were both left equal 1/3 share ownership in the grandfathers house. MIL was left $10. Yes. I added the right amount of zeros.
There hasn't been an official reading of the will yet but hubby is already got the wheels in motion in his head. He wants to sell off his 1/3 share and use the proceeds to bail his mom out.
I understand why he wants to do this. I just don't think that paying off her debt is going to be a good idea. She didn't have to earn the money in any fashion and therefore, she learns no fiscal responsibility and we are back in this situation again down the line. Also, we have a baby on the way and even though we are both working steady jobs, who knows what can happen and putting the money that we would get from his share of the house would be a nice cushion.
I'm torn. I don't feel as though it is my place to tell him what to do with his inheritance but I don't want to regret what happens to it either. Any ideas on how he can help her without giving her a big check? Am I overstepping my bounds by saying to him that I don't want him to bail his mom out to help make our future a bit more secure?
Me too.......... yikes.....
renup!: 
